15, BRIDGE ROAD, ALVELEY, BRIDGNORTH, WV15 6JN - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 BRIDGE ROAD is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £265,000 in July 2024, which was around 34% below the average July 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

15 BRIDGE ROAD Sold Prices

Land registry data shows two sales for 15 BRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 15 BRIDGE ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 31 JUL	£265,000	£400,852	34% below HPI
2002 27 JUN	£103,500	£154,208	33% below HPI

15 BRIDGE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 15 BRIDGE ROAD sales from June 2002 and July 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2024 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 BRIDGE ROAD?

15 BRIDGE ROAD is 74m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Alveley, based on EPC data. The below chart shows the distribution of detached houses by size in Alveley, and where 15 BRIDGE ROAD lies on this distribution: 20% of detached houses are smaller than 15 BRIDGE ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Alveley.

15 BRIDGE ROAD: Plot and Title Map

15 BRIDGE ROAD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 15 BRIDGE ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 BRIDGE ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 BRIDGE ROAD?

15 BRIDGE ROAD is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 15 on BRIDGE ROAD.